This innovative course has been designed to develop your ability to apply economic analysis to policy issues and business problems, which are often ambiguous and multi-faceted. Although there is a strong theoretical core, the course focus of the course is very much on the practical application of economic techniques to problems, and on developing the ability to communicate the insights that economic analysis can provide.
The International Economic Policy and Analysis MSc programme was uniquely created (and has been maintained) in conjunction with the UK Government Economic Service (GES) since 2012.
The course aims to provide you with in-depth knowledge and understanding of the latest developments in economics, with a focus on practical skills and development of the skills needed by a working economist. It is specifically aimed at those with a genuine interest in the application of economics to real-world situations.
As well as enhancing your ability to apply relevant economic principles in the support of policy and strategy development, the course aims to develop your ability to communicate complex issues to wide audiences, your awareness of significant sources of economic and financial data, the problems faced when carrying out policy evaluation and your capability for self-awareness and group working.
The following modules are indicative of what you will study on this course. You may choose one option module in addition to the core modules.
Microeconomic Analysis and Policy
Macroeconomic Analysis and Policy
Strategy and Appraisal in Economics
Economic Evaluation Project
Economic Policy Perspectives
Development economics and policy
Global financial markets
You will normally have either a minimum Lower Second Class Honours first degree (or equivalent) which would be single Honours or a major in Economics, or a quantitative discipline with a minor in Economics, or a more general first degree (minimum Upper Second Class Honours or equivalent) with significant study of economics and quantitative methods. Exceptionally, non-graduates with extensive work experience in the economics or closely-related profession may also be considered.
If your first language is not English, you should have an IELTS score of 6.5 overall, with a score of 6.0 in each element.
As an economics postgraduate, you can look forward to excellent career prospects. Our students have gone on to successful careers in government and consultancy as economic analysts, regulatory economists and market analysts. The strong international focus of the course provides an excellent opportunity to develop the knowledge and skills to pursue a career in multinational companies or international organisations. Many graduates return to their countries of origin and are employed in developing international business opportunities or government institutions, while other graduates develop their careers with international charities or other non-governmental organisations.
While this vocationally oriented course develops skills for devising and evaluating policies and strategies, rather than simply training academic economists, several of our recent graduates have also found that it has opened up opportunities for PhD study.
Career development centre
Our Career Development Centre has just been shortlisted for the Best University Careers Service in the National Undergraduate Employability Awards for 2017.
With a growing network of over 3,000 employers around the world and a team of experienced careers consultants, we are here to help you succeed.
In 2015–16, we helped over 1,500 students find work placements across a range of sectors, with 250 employers attending 14 on-campus skills and careers fairs.
As a Westminster student, you’ll have access to our services throughout your studies and after you graduate.
We can help you:
find work placements related to your course,
find part-time/vacation, placement and graduate jobs, including voluntary experience,
find international opportunities to enhance your employability,
market yourself effectively to employers,
write better CVs and application forms,
develop your interview and enterprise skills,
plan your career with our careers consultants,
meet employers and explore your career options at our employer fairs, careers presentations and networking events throughout the year.